The current scarcity of petrol at filling stations across the country will worsen in the coming weeks because the Petroleum Products Pricing Regulatory Agency has failed to release the import allocation to oil marketing and trading companies for the first quarter of this year.
Continue reading after the cut....
The PUNCH had on Wednesday
reported long queues of desperate motorists looking for petrol in some
parts of Lagos, Ogun, and Oyo states on Tuesday.
Queues were also noticed at some locations in Abuja on Tuesday and Wednesday.
It was learnt that some remote villages
across the country were already enduring severe fuel shortage as
marketers preferred sending the limited stock available to them to
cities.
The Executive Secretary, Major Oil
Marketers Association of Nigeria, Mr. Obafemi Olawore, told our
correspondent in Abuja on Thursday that even if the PPPRA should release
the import allocation now, it would take about four weeks for the
marketers to bring the product into the country.
Culled - Punch
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